Iran - Israel/US War: Israel-US declare war on Iran, Iran responds

lightning f57 said:
What these gulfies dont understand if Iran was not under severe sanctions and had a pragmatic government which kept the population happy, Iran would be economically the most powerful country in the ME, with their highly educated population of 90m people and decent industrial base they would have been like South Korea but richer because of hydrocarbons.

Alas what could have been, now its crucial Iran plays its cards to allow economic prosperity.
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They understand this very well. Hence the severe sanctions on Iran which are due to both Israeli/Gulf lobbying.
 
EugeneP said:
I hope he has advisers with brains. Politically, opposition to war has ceased now and oil has stabilized to below $100. This is a fairly inexpensive operation for U.S. Iraq No-Fly zones were maintained for over 12 years at an imperceptible cost.
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Brent is over $100.... and comparing a no fly zone to a blockade on one of the three most important energy and chemicals chokepoints in the world is, no offense, an ISW level of analysis.
Correct about opposition to war though, there are enough people on both sides of the aisle who support the war no matter what direction it takes.
 

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IRON DOME!

According to Axios, this marked the first time Israel’s Iron Dome air defence system was used abroad.

Israeli officials confirmed the system, along with IDF troops to operate it, was sent early in the conflict to support UAE air defences. The move further deepened bilateral ties between the two countries.

This is f**$ing mental….
If true
 
ziaulislam said:
What ever memes you make..doesnt change facts .

The fact is 1 out of every 5 barrel produced is in USA, benefits so its only natural that if oil goes up USA will benefit. Even though this may bring some inflation but oil companies will benefit, the share holders and the economy as a whole

Usa produces twice the amount of next big producer..its not even a competition ..it produces more then next top 10(excluding saudis/russians)

And alot of usa oil is capped i.e not in production because saudis unlike USA can produce them cheap.

So if oil goes down it hurt USA production and if it goes up, it helps them as shale is viable at 50$

So in other words.. USA needs higher oil prices for its production to increase!!

In long run usa has super surplus of gas.. LNG Can be brought into system in 2-3 years

If qatar is out, usa may bring its own production into system and able yo compete with qatar

At cheap prices USA oil becomes unfeasible but not at high prices

Memes dont change reality..which is usa doesnt care about hormoz strait and infact it benefits from it closure... something asia and Europe doesnt..
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Didn't know 13 mil b/d was twice the approx. 10 mil b/d that the Saudis and the Russians each produce. Nor that California was farther from Texas than Saudi Arabia, Venezuela, Brazil, Columbia, Iraq, Guyana, Nigeria, and Ecuador. Apparently Texas is as well since it imports more foreign oil than California.

Multiple members and the three articles I have posted have already explained this more than sufficiently but Dunning-Kruger is a powerful effect. Knowing that, I'm posting this for the benefit of others. No amount of uneducated statements or frivolous hijacking of the term "fact" will free the US from the need of importing millions of barrels of oil every day.

The US is not self-sufficient in oil. A large percentage of the oil it produces cannot be used domestically. It is light oil which the US does not have the refining or logistical capacity for. Unless the US is willing to invest tens of billions over the next 2-3 decades, this is not going to change, no matter your willfully ignorant understanding of the matter or repeated chants of "mein nahi manta". Did you think that the US was importing 8 mil b/d, 60% of what it produces, just for kicks? 40% of US domestic refinery demand needs to be met through imported heavy oil.

Saudi Arabia produces less oil by design, to keep oil prices at Nash Equilibrium, maximizing its profits. It has a standing production capacity of 12 million barrels per day which it has never decided to use despite zero competition. It uses the sitting excess capacity to plug in for fluctuating demand, as best suited for them. This does not include hundreds of tapped and untapped wells which the Saudis have left alone for now. It would be dense to assume that the second largest and the cheapest to extract oil reserves in the world are producing at 10 mil b/d because they can't produce or sell more. It is the same case with the other 6 countries which have larger and cheaper to extract oil reserves than the US and still choose not to.

US is not an Oil heavy economy. The US oil industry employs less than 5% of Americans, while its direct and indirect industries account for around 7.4% of its GDP. Higher oil prices will only benefit direct industries, that too not by a lot given higher extraction costs in the US. Everyone else in the US will pay more, making the vast majority of the US economy suffer. Believe <7.4% Vs >72.6% is math that you can grasp. Who did you think was going to pay for the higher fuel costs? Other countries, like the tariffs?

Even if you could wish the US down to zero need for oil imports and have it subsidize oil prices across the country, the 3.9 trillion dollars of imports would have a lot to say on how independent the US is from the global oil prices and supply chain.
 
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Flotilla said:
Irán must revoke the nationality of their king because sympathies with zionism.
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All Pahalavists

Declare them as a TRAITORS to Iran, purge them from society

Confiscate all property and wealth and give them to victims of the war and then go on a long campaign to hunt them down and punish them for their treachery
 
Persian Gulf said:
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tbh, how things are going, Asia as a collective needs to start looking at this as "Asian" issue. Asia is the one which is suffering badly due to this war waged by America/west (by west I mean not the overt but covert support via use of airbases and airspace). Asian power like China and Russia alongside other middle powers like Pakistan (maybe India if there is regime change there) to tell America, that look, our economies are suffering because of your stupid war, now its the time to pack your bag and leave, and Asia will sort this problem on its own.
 
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